Yuga Labs launched Mudwater on October 17, introducing a physical trading-card collection linked to digital assets on the Solana blockchain and offering claims to holders of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens.
The collection combines physical collectibles with blockchain-based ownership, allowing eligible NFT holders to claim digital trading-card packs through a system connecting Ethereum-based assets with Solana. The initiative adds another utility for existing Bored Ape communities while establishing a marketplace for trading the collection’s digital components.
Bored Ape Holders Receive Different Pack Allocations
According to the official claim website, each BAYC NFT qualifies for 10 packs, while each MAYC NFT qualifies for two. Every pack contains 10 cards, with the overall supply fixed at 240,000 packs distributed across 10,000 boxes.
The Bored Ape Yacht Club account said it had distributed a 6551 Totem associated with each eligible BAYC and MAYC NFT to facilitate the claims. Separate collections for totems, packs and individual cards were listed on OpenSea, allowing users to trade the digital assets independently.
Marketplace data reported at approximately 4 p.m. Eastern Time on October 21 showed 78.3 ether (ETH) in cumulative trading volume for packs and 27.4 ETH for cards. OpenSea had indexed 14,729 pack NFTs and 53,960 card NFTs at the time.
The reported trading volumes were denominated in ETH, while the marketplace’s floor prices, representing the lowest listed asking prices, were quoted in SOL, Solana’s native cryptocurrency.
Ethereum Wallets Connect to Solana Claims
The claim process requires users to connect an Ethereum wallet to verify their eligibility. However, the entitlement mechanism differs from a conventional airdrop that transfers assets directly into a holder’s regular wallet.
Yuga Labs‘ vice president of blockchain, known as Quit, explained that each totem resides in an ERC-6551 token-bound account associated with the exclusive delegate of an ape NFT. This arrangement links the unclaimed packs to the underlying NFT and its delegation settings.
As a result, selling an ape NFT or changing its delegate transfers the associated unclaimed pack entitlement along with the asset or its delegation, making ownership and delegation status important to the claim process.
Holders who prefer not to initiate claims from a cold wallet can use Delegate.xyz’s Shadow delegation feature to assign claim rights to another wallet, according to Quit.
When a claim is processed, the system burns the totem and sends a message through Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to Solana. Quit estimated that delivery would take about 20 minutes before the packs became available in the user’s Solana wallet.
Physical Card Redemption Still Pending
Digital packs can already be opened on-chain, according to Quit, but the process for converting digital assets into physical cards has not yet launched.
The Mudwater website describes tokens backed by physical cards held in a vault. However, conversion between physical and digital cards remains listed as forthcoming. The ability to combine 24-pack tokens into a sealed box or 10-box tokens into a case is also marked as a future feature.
Mudwater is an old game played deep in the Everglades.
Instead of dice in alleys, we play Mudwater on the docks.
The game is simple, but the skill ceiling is high.
And we play for keeps.
We’ve just airdropped this 6551 Totem, paired to all BAYC & MAYC, enabling pack claims. https://t.co/gY8Yzmb6Gs
— Bored Ape Yacht Club (@BoredApeYC) October 17, 2026
The project is designed to connect tradable blockchain assets with physical collectibles, although full physical redemption and packaging functions remain pending, leaving the current experience focused primarily on digital claims and trading.
The website also outlines fees associated with NFT transactions. Trades incur a 2.5% charge used to purchase APE tokens for holders in proportion to their holdings, alongside a separate 2.5% royalty.
Claim Deadline Set for January 2027
Eligible holders have until 7 p.m. Eastern Time on January 18, 2027, to claim their packs, according to the official claim page.
The project’s early trading activity provides an initial indication of marketplace participation, although the available figures do not establish how many eligible holders have claimed their allocations or how much of the fixed supply has entered circulation.
Mudwater‘s broader performance will depend on demand for its digital cards, the development of its physical redemption system and the level of sustained trading activity among collectors. The collection’s cross-chain design also makes the reliability of its Ethereum-to-Solana claim process an important part of the user experience.
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